Block Inc’s Bitcoin revenue stagnates in Q3, shares drop 12% on revenue miss
Block missed its revenue estimates for Q3 and said it is “winding down” its DeFi business to shift money into its Bitcoin mining and wallet businesses.
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Bitcoin 'whale games' come early as BTC price swoons below $60K
BTC price weakness delivers seven-week lows as whale "spoofing" across order books creates grim conditions for Bitcoin bulls.

CBDCs seen offering faster settlements by 87% global securities firms: Citi survey
The year-on-year growing support for digital cash is supported by ongoing domestic pilots and cross-border initiatives taken up by various jurisdictions, CitiBank's survery found. 56 Total views 1 Total shares Discussions around ways to shorten local settlement cycles within the next five years have got most securities firms eyeing local central bank digital currencies (CBDCs). CitiBank’s…

Nifty News: Robinhood to launch a Web3 wallet, LimeWire inks deal with Universal and more
Popular trading platform Robinhood is creating a non-custodial crypto wallet that will be compatible with multiple blockchains.The wallet will be a standalone application with the ability to store nonfungible tokens (NFTs) and connect to NFT marketplaces. A promo video released for the wallet shows a demonstration using Ethereum (ETH) based NFTs. Trade and swap crypto…

ING Bank Signs 5-Year Licensing Deal With R3 for Access to Its Blockchain Platform Corda
Dutch international bank ING has signed a deal with enterprise blockchain consortium R3 for access to R3’s commercial blockchain platform, according to a press release published Jan. 22.As a part of the five-year agreement, ING Bank is set to acquire an unlimited number of licenses for R3’s Corda Enterprise platform. The banking giant plants to…

DeFi proved resilient during the March 2020 and May 2021 market crises
As if 2020 didn’t provide enough nail-biting moments, 2021 is shaping up to be quite an interesting year for cryptocurrency. With the price of Bitcoin (BTC) floating around the $35,000 mark, skeptics and pundits are flocking to the streets of social media to celebrate the long-awaited demise of the decentralized economy. Of course, they quite…

Local Media: Iran Reportedly in Talks With 8 Countries to Use Crypto Transactions
Iran is reportedly negotiating with eight countries to carry out financial transactions in cryptocurrency, local daily newspaper Tehran Times reports on Monday, Jan. 28.According to the article, Iran has already entered negotiations with Switzerland, South Africa, France, the United Kingdom, Russia, Austria, Germany and Bosnia, and the countries have reportedly visited Iran to discuss the…

Pump.fun teases future token and reveals new trading terminal
According to data from Dune analytics, 2,452,552 unique tokens have been deployed on the Pump.fun platform at the time of this writing.

Crypto firm Helio Lending gets bond sentence over false license claims
Melbourne-based crypto lender Helio Lending had previously pleaded guilty to falsely claiming it had an Australian credit license. 217 Total views 1 Total shares Australia-based crypto lender Helio Lending has been sentenced to a non-conviction good behavior bond for a year for falsely claiming it had a local credit license. On Aug. 17, the Australian…